Thursday, 07 June 2007

UPDATE 2-Greek funds reject JPMorgan offer, no bond deal

(Reuters) - ATHENS, June 7 - Greek pension funds turned down
on Thursday an offer by investment bank JPMorgan to buy back a
Greek government structured bond at the heart of a scandal
rocking the government.




A source at the bank told Reuters its proposal was rejected
and was now off the table while funds said the deal did not
cover interest they would have earned otherwise.


Read more at Reuters.com Government Filings News

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